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Picture: 123rf.com

Small businesses

Small businesses want more help from dept, Sefa amid COVID storm

By Vutivi Business News

The department mandated the Sefa to administer the R513-million fund. Around 35,865 applications were received from small businesses. But only 14,800 were fully...

  • FILE: Minister of Small Business Development Khumbudzo Ntshavheni. Picture: Xanderleigh Dookey/Eyewitness News.

    Ntshavheni challenges the NYDA to support at least 15k startups by 2024

    She was hosting a webinar on Tuesday to report back on the president’s commitment made last year to support 1,000 SMMEs and cooperatives within 100 days.

    71 days ago
  • Brandon Mpofu from Cosmo City, is battling to keep his business afloat post-COVID-19, and is now also hvaing to deal with loadshedding. Picture: Mia Lindeque/EWN

    COVID-19-battered small businesses left frustrated by latest power cuts

    Eskom implemented rolling blackouts this week after 10 generating units broke down in the space of just 48 hours. On Wednesday, it was ramped up to stage four, leaving residential areas and small businesses without electricity for several hours.

    229 days ago
  • FILE: The loan guarantee scheme is an initiative to provide funds to businesses with an annual turnover of less than R300 million to meet some of their expenses. Picture: 123rf.

    Small businesses turn to banks after loan relief scheme activated

    Government has moved into top gear to provide help to small businesses and municipalities with two major announcements by Treasury.

    343 days ago
  • FILE: The scheme is solely targeted at traditional grocery stores in villages and townships that are fully licensed and are owned by South Africans. Picture: pixabay.com

    Informal traders turn to govt's relief fund with hopes of saving businesses

    Spaza shops and general dealers are being encouraged to take up government’s offer of funding packages intended to help claw them out of a financial black hole, but this will take a while.

    345 days ago
  • FILE: With temperatures set to rise from Friday, many people will be looking to keep hydrated. Picture: Supplied.

    Small business owners worried about load shedding as heatwave hits SA

    Some businesses cannot afford backup generators and remain at the mercy of the power cuts.

    551 days ago
  • FILE: Minister of Small Business Development Khumbudzo Ntshavheni. Picture: Xanderleigh Dookey/Eyewitness News.

    Small business group speaks out against govt over non-payment of services

    Small Business Development Minister Khumbudzo Ntshaveni has revealed that government departments owe service providers over R600 million and are 30 days or more behind in their payments.

    613 days ago
  • Cosatu's members marched on Parliament on 19 February 2019 amid concerns over potential job cuts at state entities, like Eskom. Picture: Cindy Archillies/EWN

    Is Workers' Day worth celebrating with SA's high unemployment rate?

    Over the last decade, the local economy hasn't been growing to its full potential, which has meant that the economy hasn't been creating enough jobs to stem the tide of unemployment.

    721 days ago
  • Former Bosasa executive Angelo Agrizzi on the third day of his testimony at the commission of inquiry into state capture. Picture: Abigail Javier/EWN

    OPINION: What Agrizzi's state capture testimony means for entrepreneurs

    Shawn Theunissen says corruption’s shackles are holding back the entrepreneur as they face an increasingly inescapable moral dilemma – pay the bribe for the lucrative tender or opt for legitimacy.

    755 days ago
  • Picture: Pixabay.com

    Load shedding: Small business owners are losing money

    Many business owners have introduced flexitime for workers and are using generators to power the essentials.

    763 days ago
  • Joburg business owners close up shop as Eskom implements load shedding. Picture: Sethembiso Zulu/EWN

    [WATCH] Small businesses say Eskom’s load shedding could cripple them

    'If businesses don’t survive, the economy can’t survive' – Joburg business owners want an explanation from Eskom.

    799 days ago
  • ANC president Cyril Ramaphosa addresses young professionals in Durban on 9 January 2019. Picture: @MYANC/Twitter

    Ramaphosa pledges govt support to young professionals

    The president engaged the group in Durban on Wednesday night where they told him what their problems are.

    832 days ago
  • Picture: Supplied.

    [LISTEN] How to protect your small business from big businesses

    Aurik Business Accelerator founder Pavlo Phitidis says every owner must know his business' worth when working with the big players.

    1331 days ago
  • Deputy President Cyril Ramaphosa speaks at the Shanduka Black Umbrella Awards. Picture: Masa Kekana/EWN

    Ramaphosa hails small businesses as true heroes of SA

    It was small business owners who the deputy president saluted, adding that small businesses are where the focus should be.

    1392 days ago
  • Picture: EWN.

    'SA failed to address AfDB’s objective of supporting small, medium enterprises'

    The bank's Independent Development Evaluation has published a report evaluating engagement in 2004 and 2015.

    1456 days ago
  • FILE: Picture: Twitter/@CityofCT.

    City of CT to help develop small emerging businesses

    The City of Cape Town says initiatives are in place to boost the development of small businesses in the metro.

    1480 days ago
  • FILE: Deputy President Cyril Ramaphosa. Picture: Reinart Toerien/EWN.

    Ramaphosa: Remove barriers to starting businesses

    Deputy President Cyril Ramaphosa says tax regimes need to be reformed to promote small business development.

    1499 days ago
  • FILE: Telecommunications Minister Siyabonga Cwele. Picture: gov.za

    Cwele: Govt aiming to change monopolistic behaviour of banks

    Telecommunications Minister Siyabonga Cwele said there is a need to review the financial sector charters as it relates to the finance to small and informal business.

    1526 days ago
  • Picture: Eyewitness News

    From 3 to 200: Advice for growing a business

    Real, rapid, and sustainable growth comes from retaining the customers you’ve already won.

    1531 days ago
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